Request for Exemption from Payment of Donor's Tax on Donation of Parcel of Land in Favor of Municipality of Malabon
BIR Ruling No. 056-86 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • May 8, 1986
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May 8, 1986 BIR RULING NO. 056-86 104 (a) (2) 152-84 056-86 Gentlemen : This refers to your letter dated April 22, 1985 requesting exemption from the payment of donor's tax on your donation of a parcel of land covered by Transfer Certificate of Title No. 459112 of the Register of Deeds of the Province of Rizal in favor of the Municipality of Malabon. Documentary evidence submitted shows that on August 9, 1985 the San Agustin Realty Company executed a Deed of Donation in favor of Municipality of Malabon, Metro Manila, of a parcel of land (Lot 1, Block 7 of the Subdivision Plan (LRC) Psd-141336, being a portion of Lot C-2 (LRC) Psd-133657, LRC Rec. No. 3851) situated in the barrio of San Agustin, Municipality of Malabon. In reply, I have the honor to inform you that since the donee is a political subdivision of the National Government, the aforementioned donation is exempt from the payment of donor's tax pursuant to Section 104(a)(2) (formerly Section 123(a)(2) of the National Internal Revenue Code, as amended. Very truly yours, (SGD.) BIENVENIDO A. TAN, JR. Commissioner
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